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Claremont

Suburb Profile

Claremont - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6010

house
unit

CLAREMONT, 6010 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $1,495,000.

Profits due to an upward trend in home prices in the suburb averaged 5.52% per annum over a 3-year period.

CLAREMONT now ranks at the 265th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CLAREMONT are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $840 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CLAREMONT, homes and units usually stay on listing for an average of 63.6 days.

In 2016, 97 properties were sold in CLAREMONT during the past year, making it the 4th most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,495,000 $632,500
GROWTH REPORT
Median Quarterly -2.29% 0.4%
Median 12 month 0.84% -12.4%
Median 3 years 16.57% -2.69%
Median 5 years -5.38% -10.79%
10 years average annual 1.26% 1.76%
Weekly media advert. rent $840 $450
Time on Market 63.6 days 116.8 days
Gross Rental Yield Percent 2.92% 3.7%
demographics (median values)
Total Population
7152
Weekly Household Income
1156
Household Size
2.10
demographics
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